02/11/14
Gov. Rick Snyder has appointed a review team to look at the finances of Lincoln Park. The review is part of the process under state law that could lead to the appointment of an emergency manager.

02/02/14
After seven years and nearly $100 million in investment, the New Economy Initiative has figured out the types of projects that will give it the most bang for its buck. In its second round, NEI plans to direct new funding primarily to agencies providing supportive services to spur innovation and entrepreneurism in the city of Detroit — areas it honed in on two years ago.

01/30/14
Michigan's creative industries paid nearly $3.6 billion in wages to 74,000 employees in more than 9,700 businesses in the state during the 2011 fiscal year, according to a report released Thursday by ArtServe Michigan.

The state of Michigan, and Detroit for that matter, may have the highest number of engineers per capita of any state or region in the country. In fact, Southeast Michigan's location quotient for engineers is 2.09. This means that there is nearly TWICE the concentration of engineers here than on average in the United States.

01/26/14
While the rest of Michigan was losing 87,000 jobs between 2008 and 2013, the Grand Rapids area's economic development agency, The Right Place Inc., working with West Michigan communities and the Michigan Economic Development Corp., attracted and retained more than 11,000 jobs.

01/21/14
Detroit Metropolitan Airport supports 86,000 jobs in Michigan and fuels $10.2 billion in statewide economic activity, according to a report released Tuesday by the authority that runs the airport.

01/21/14
Fueled by a drop in residential building permits, Comerica Bank's Michigan Economic Activity Index decreased slightly in November, falling two-tenths of a percentage point to a level of 131.4.

01/05/14
• Employers in the Grand Rapids area created 14,600 jobs last year, up 3.7 percent from 2012 and an increase that's more than twice the statewide average, MLive.com reported. But statistics compiled by the Grand Rapids Employers Association found that local wages have not kept up with inflation over the past decade.

12/13/13
Two national surveys, one by the consulting firm KPMG LLP to predict mergers and acquisition activity and the other of CFOs by Bank of America Merrill Lynch, show that business executives expect things to hum along nicely in 2014.

12/04/13
Making Woodward Avenue cool — presumably more than it is already to muscle car fans and pub-crawling millennials — could revitalize Pontiac, diversify the economy into the technology sector and even reverse brain drain, a committee of the Oakland County Business Roundtable has determined.

12/02/13
The Southeast Michigan Purchasing Managers Index slid nearly five points in November, from the October rating of 63.1 to 58.3. Nonetheless, the three-month average of 60.4 is considered robust, with a rating above 50 indicating economic growth.

11/24/13
Job growth over the next two years will bring the state back to pre-recession employment levels, according to an economic forecast released Friday by economists at the University of Michigan. They said the state will add about 130,000 jobs in the next two years, adding to the nearly 250,000 jobs added since early 2010. About 80,000 jobs have been added this year.

11/24/13
Hiring is a top priority for metro Detroit businesses. Seventy percent of entrepreneurs plan to hire more full-time workers in the next six months, according to a report by Entrepreneurs' Organization. Nearly that many — 65 percent — will be adding part-time employees.

11/22/13
Steady job growth over the next two years will bring the state back to prerecession employment levels, according to an annual economic forecast released today. "Michigan is closing out 2013 with a healthy year of growth, the second-largest gain in jobs since 1999," George Fulton, director of the University of Michigan's Research Seminar in Quantitative Economics, said in a news release.

11/21/13
The economic outlook for the year ahead is rosy. That's the message attendees heard Thursday from political and investment strategists at a luncheon at The Community House in Birmingham hosted by PNC Wealth Management.